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Payment on $15.8 Trillion Mortgage Debt Could Be Delayed

Americans have almost $16 trillion in mortgage debt outstanding, according to the Federal Reserve. A bill proposed as part of the economic rescue package would delay payments on most of that debt......»»

Category: blogSource: 247wallstMar 24th, 2020

A top US military health official says the coronavirus outbreak is a chance for Americans to fix "bad habits"

U.S. Air Force photo by Griffin Swartzell Army L.....»»

Category: topSource: businessinsiderMar 19th, 2020

Exclusive: U.S. may give banks bonus points for low-income lending amid coronavirus crisis - source

U.S. regulators are considering giving banks additional regulatory points for lending to mid- to low-income Americans hurt by the coronavirus, as they seek to mitigate the economic impact of the pandemic, an official within a banking agency told Reuters......»»

Category: topSource: reutersMar 18th, 2020

Exclusive: U.S. is considering measures to boost lending to low-income Americans - source

U.S. regulators are considering issuing guidance that would encourage lenders to offer loans to low-income individuals and to provide leniency on some repayments amid the coronavirus pandemic, an official within a banking agency told Reuters......»»

Category: topSource: reutersMar 18th, 2020

Next Avenue: 7 ways to reduce or eliminate debt in retirement

Many Americans are dragging financial baggage into this stage of life. Avoid it with these debt-busters......»»

Category: topSource: marketwatchMar 11th, 2020

Saudi Aramco shares dive, Gulf debt hit as oil price plunges

Saudi Aramco shares fell by as much as 10% on Monday, extending a dive below the initial public offering price, after Saudi Arabia cut its official selling prices for crude and global oil markets plunged in response to news of a big output increase......»»

Category: topSource: reutersMar 9th, 2020

Tackling student loans during tax season

If you're one of the 48 million Americans paying off debt from education, tax time could mean some relief. The IRS allows you to deduct student-loan interest from your taxes. CBSN spoke with two tax professionals to get the details......»»

Category: topSource: moneycentralMar 2nd, 2020

This lingering debt is saddling many Americans in retirement

When Patrick Donohue retired in May after a 20-year career in customer service at AT&T, he and his wife, Kay, didn’t celebrate......»»

Category: topSource: moneycentralFeb 26th, 2020

Debt among oldest Americans skyrockets 543% in two decades

Debt among older Americans has increased dramatically since 1999, due partly to the erosion of the country's social safety net......»»

Category: realestateSource: cnbcFeb 26th, 2020

Student debt saddles Americans in and near retirement

When Patrick Donohue retired in May after a 20-year career in customer service at AT&T, he and his wife, Kay, didn’t celebrate......»»

Category: topSource: moneycentralFeb 26th, 2020

Coronavirus update: 80,238 cases, 2,700 deaths, CDC warns Americans to prepare for disruption

An official at the Cente.....»»

Category: topSource: marketwatchFeb 25th, 2020

32% of American workers have medical debt—and over half have defaulted on it

Almost a third of working Americans currently have some kind of outstanding medical debt, with about 28% owing $10,000 or more on their bills, according to a new survey from Salary Finance......»»

Category: topSource: moneycentralFeb 14th, 2020

Here"s a top reason Americans are carrying an average credit card balance of over $6,200

Outstanding credit card and other types of revolving debt have jumped almost 20% from a decade ago, reaching about $1.1 t.....»»

Category: topSource: usatodayFeb 12th, 2020

Why Americans carry an average credit card balance of over $6,200

Outstanding credit card and other types of revolving debt have jumped almost 20% from a decade ago, reaching about $1.1 trillion, a study shows......»»

Category: topSource: moneycentralFeb 12th, 2020

More Americans feel confident about taking on debt in 2020, even as delinquencies rise

‘Transitions into delinquency among credit-card borrowers have steadily risen since 2016, notably among younger borrowers.’.....»»

Category: topSource: marketwatchFeb 12th, 2020

Why Americans are carrying an average credit-card balance of over $6,200

Outstanding credit-card and other types of revolving debt have jumped almost 20% from a decade ago, reaching about $1.1 trillion, a study shows......»»

Category: topSource: moneycentralFeb 12th, 2020

Here"s the top reason Americans are carrying an average credit-card balance of over $6,200

Outstanding credit-card and other types of revolving debt have jumped almost 20% from a decade ago, reaching about $1.1 t.....»»

Category: topSource: usatodayFeb 12th, 2020

Personal Finance Daily: More Americans feel confident about taking on debt and there’s some scientific truth to ‘happy wife, happy life’

Tuesday's top personal finance stories.....»»

Category: topSource: marketwatchFeb 11th, 2020

How much the national debt has increased since 1900

Many people are aware that the United States is in debt. But just how worried should Americans be about the increasing national debt? Here is how much the U.S. national debt has increased since 1900......»»

Category: topSource: moneycentralFeb 11th, 2020

More Americans feel confident about taking on debt — here’s why they should exercise caution

That could change with the new FICO credit score model......»»

Category: topSource: marketwatchFeb 11th, 2020